Supply Chain Technology Sourcing Lead Analyst - Vice President Functions Technology

Posted 10 Days Ago
Be an Early Applicant
Jacksonville, FL
104K-156K Annually
Senior level
Fintech • Financial Services
The Role
The Supply Chain Technology Sourcing Lead Analyst will manage strategic sourcing initiatives, negotiate contracts, and develop RFP processes to optimize procurement within Citi's IT space.
Summary Generated by Built In

As a Supply Chain Lead Sourcing Analyst within Citi’s Procurement and Third Party Risk Management Organization, you will become a member of a high-performing Sourcing and Procurement team that identifies and leads strategic sourcing and contracting initiatives focused on the Software and IT Professional Services expense categories.  The successful candidate will have experience leading sourcing initiatives and negotiating contracts across IT products and services, in particular for Software and IT Professional Services in a complex multinational organization. The overall objective of this role is to acquire Technology goods and services requested by company personnel in support of the company's Functions Technology & IT organizations

Responsibilities include, but are not limited to, the following:

  • Establish strong relationships with internal business / IT functional stakeholders; build a strong understanding of strategic business direction, requirements and priorities across assigned projects, suppliers and/or spend categories.
  • Develop and maintain a comprehensive understanding of Citi’s policies and procedures related to supplier selection, contracting and ongoing management, ensuring all requirements are met and documented throughout the end-to-end process.
  • Develop and manage RFP processes to support business, category and project strategies
  • Perform financial analysis including demand scenario modeling, P&L impact analysis and benchmark comparisons to support supplier selection and negotiation processes
  • Develop, lead and/or manage a portfolio of initiatives across the end-to-end sourcing and contracting process
  • Lead the development and execution of negotiation strategies for assigned projects
  • Lead contract negotiations, partnering with Legal and business function, to optimize overall value including financial outcomes, service levels and risk mitigation
  • Manage supplier relationships with a focus on quality, service, delivery, risk and cost.
  • Lead and/or participate in global category forums maintaining high level sourcing processes and team
  • Develop and/or implement market analyses/benchmarking processes and leverage key insights to inform and support the category strategy development process
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and

Qualifications:

  • 6-10 years of relevant experience
  • Certified Purchase Professional such as CPM or CIPS preferred
  • Experience in sourcing or procurement in a large, multi-national organization
  • Experience in leading strategic sourcing programs
  • Experience in complex deal structuring, negotiations, and contracting
  • Advanced computer skills with a focus on Microsoft Excel
  • Knowledge of Enterprise Resource Planning (ERP) systems and eProcurement tools (e.g Oracle, Procure-to-Pay, eAuction, eRFx)
  • Demonstrated strategic sourcing/procurement, stakeholder management, relationship management, and influencing skills

Education:

  • Bachelor’s degree/University degree or equivalent experience
  • Master’s degree preferred

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Job Family Group:

Corporate Services

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Job Family:

Supply Chain

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Time Type:

Full time

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Primary Location:

Jacksonville Florida United States

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Primary Location Full Time Salary Range:

$103,920.00 - $155,880.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Apr 11, 2025

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Top Skills

Eauction
Erfx
Excel
Oracle
Procure-To-Pay
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The Company
HQ: Kwun Tong, Kowloon
223,850 Employees
Hybrid Workplace

What We Do

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.

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